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Allianz Austria registers profits
Allianz Austria has improved its half year results by around 45 per cent, which amounts to pre-crisis levels.
Allianz Austria registers profits / Picture: © Allianz
On the revenue side only health insurance improved, while the property-casualty division registered a slight decline and life insurance a double-digit decline. The combined ratio improved since costs are now under control, said CEO Wolfram Littich.
Allianz Austria managed to improve investment results in June by 46.6 percent to €135.2m.
The profit from ordinary…
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